Musalmi named CEO of NBO

(MENAFN - Muscat Daily) National Bank of Oman (NBO) on Saturday announced the appointment of Ahmed al Musalmi as chief executive officer. Musalmi, who has served as NBO deputy chief executive officer since 2011, takes over from Salaam al Shaksy who is leaving the bank after four successful years to pursue new personal and professional interests.

As deputy chief executive officer, Musalmi, worked closely with Shaksy to transform the bank. In his new role, Musalmi will continue to drive forward the NBO's long-term strategy for sustained growth, a bank press release said.

Bank chairman Mohammed Mahfoodh al Ardhi said, ''I would like to personally thank Salaam al Shaksy for his contribution and service to the National Bank of Oman. His leadership during the transformational period for the bank has been fundamental to our success.''

Ardhi added, ''I am delighted that Ahmed al Musalmi has been appointed to lead the NBO as we enter the next stage of our growth. This is a very exciting time for the bank as we roll out the next phase of our strategy. A highly qualified and well-rounded banker, Ahmed has demonstrated great leadership and made a significant contribution in redefining the strategy of the bank. His deep knowledge of NBO operations, allied with his broad financial industry experience make him uniquely well-qualified to take on this role.''

Musalmi has 20 years of extensive hands-on experience across the finance industry, including retail banking, wealth management, corporate banking, treasury, financial management, operations management, trade finance and several other sectors.

Musalmi is a Harvard Business School graduate. He holds a master's degree in business administration from the University of Luton in the UK. He is a fellow of the American Academy of Financial Management. He also attended a high performance leadership programme with IMD-Switzerland.<

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